WFW advises lenders on three sustainability-linked loan facilities for Ardmore
All sustainability provisions, including both environmental and social targets, are consistent across the facilities.
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Tag archive:
MI and SI Proposed Carbon Tax: Contractual Considerations
The Marshall Islands and the Solomon Islands have recently proposed that the International Maritime Organization (“IMO”) impose a levy on carbon emissions by ships.
Marshall Islands Opens Portal for Entities to Report on Economic Substance
All Marshall Islands entities must annually report activities to comply with the economic substance regulations.
Marshall Islands Allows Virtual Shareholder Meetings in Light of COVID-19
The Marshall Islands has adopted a regulation permitting shareholders to participate remotely in annual shareholder meetings.
Deadline Approaching for US Direct or Indirect Investment Abroad
US persons, including corporations, who own or control more than 10% of a foreign entity must make a filing with the United States Bureau of Economic Analysis.
Marshall Islands removed from EU blacklist; economic substance guidelines forthcoming
On October 10, 2019, the Marshall Islands was removed from the European Union’s blacklist of non-cooperative jurisdictions for tax purposes.
WFW Athens Senior Associate admitted to practise Marshall Islands law
Dinos Konstantinos will work closely with our New York colleagues, Partners John Benson and Steve Hollander, who practise Marshall Islands law to provide advice of the highest quality to our clients.
Marshall Islands – economic substance requirements for shipping companies
Traditional “offshore” shipping jurisdictions have introduced “economic substance” rules. Read here to find out more.
Marshall Islands Bearer Shares Deadline Approaching
This briefing highlights an urgent obligation applicable to the holders and beneficial owners of bearer certificates of Marshall Islands corporations.
Updated Marshall Islands Associations Laws
The penalty for failing to comply is a fine or dissolution.